Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 99794.66 Crore) operating in FMCG sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 2915.35 Crore, up 6.12 % from last quarter Total Income of Rs 2747.31 Crore and up 24.10 % from last year same quarter Total Income of Rs 2349.11 Crore. Company reported net profit after tax of Rs 413.91 Crore in latest quarter.
Investment Rationale
While the stock has rallied nearly 40% post the announcement of Mr. Sitapati’s appointment, this spurt is just the first step of what could be a potentially massive revitalization of both earnings and RoCE over the next few years, leading to a sustained re-rating as well. The brokerage has seen transformative changes on all these fronts in the past with companies like BRIT, NEST, JUBI, and HUVR.
Promoter/FII Holdings
Promoters held 34.7 per cent stake in the company as of June 30, 2021, while FIIs held 25.1 per cent, DIIs 14 per cent and public and others 26.3 per cent.
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